Since all NFL teams have played four games, we thought it was a good time to update the Super Bowl LVI odds. We’ll also add another bet to our Super Bowl LVI portfolio. Super Bowl odds will continue to update after each week's slate of games, and we will continue to both update our initial picks and provide weekly recommendations moving through the end of the 2021-2022 NFL Season.
This season's Super Bowl is slated to take place in Englewood, California on February 6, 2022. All of the odds displayed below are from FanDuel sportsbook, new users that register using our current FanDuel bonus offer can receive a $125 bonus with any $5 futures bet!
So far this season, we have seen the biggest odds moves up from the Cardinals and Raiders, while the biggest moves down have come from the Colts and Broncos. The favorites have remained relatively unchanged outside of a drop in odds for the 49ers and a boost for Buffalo, who took a considerable amount of action after losing to the Steelers, only to rip off three convincing wins in a row.
Current Super Bowl LVI Odds
Latest Odds from FanDuel SportsBook
If we go strictly by these early Super Bowl odds, it certainly appears as if we may have a rematch on our hands for this year’s big game! However, let’s not get too far ahead of ourselves as the NFL does not even release the 2021 scheduled until May 12. Sure, both the Chiefs and the Bucs have most of their key pieces coming back but it is way too early to assume they will meet again for a rematch.
Fellow sports bettors know all too well that, like it or not, luck plays a huge role in who makes the Super Bowl. Often it is not the statistically best teams that make it to the big game, but the teams that are the hottest come playoff time. Also, how many times have you seen a team with a talented roster end up having an awful year because of a few unfortunate injuries to key players? Simply put, it is possible that Super Bowl LVI is a rematch of Super Bowl LV, but it is highly unlikely.
Our Favorite Super Bowl LVI Futures Play: Chiefs +500
Yes, we are going straight chalk as our favorite Super Bowl Futures play. Call us crazy, but we think Andy Reid and Patrick Mahomes will be piping mad after their monumental collapse last year against Tom Brady and the Bucs! Here are a few reasons why we see value in the Chiefs:
- Offensive Weapons - Mahomes, Edwards-Helaire, Hill, Hardman, and Kelce all have plenty of speed to burn and any of these fine players can take over a football game at any given time. Though the Bucs defense found a way to slow down the Chiefs, that game was the exception and not the rule. As a whole, the Chiefs offense is an absolute juggernaut and will continue to give the entire league plenty of headaches. Good luck to all NFL defenses that try to stop these guys.
- Andy Reid - There is no denying that the Chiefs are experiencing some off-the-field distractions with Coach Reid son’s legal troubles. However, Coach Reid has been through more than most NFL coaches as he sadly lost a son to a drug overdose a few years back. Reid will find a way to rally the team and keep them focused on the goal of winning another Super Bowl ring.
- Underrated Defense - The offense may get all of the headlines, but the Chiefs D is highly underrated. Chris Jones is an absolute beast as a pass rusher and Tyrann “Honeybadger” Mathieu is always lurking around the corner for a ‘pick six’ opportunity. This defensive unit will be highly motivated after thinking about the number Brady did on them last February.
Update: Even though they lost a tough game last week against the Los Angeles Chargers and a heartbreaker the week before to the Ravens, we still feel pretty good about our Chiefs bet from a few months ago. The odds have moved against us slightly but that’s only because of their sluggish 1-2 start. Patrick Mahomes will right the ship and the Chiefs will start blowing teams out again real soon.
Our Favorite Super Bowl Longshot Play: Cowboys +3000
Getting 30 to 1 with Dallas looks like a ton of value here. The Cowboys' offense will continue to be one of the best in the NFC and should put up huge numbers. If Dallas can address their defensive issues, they could make a deep playoff run for Jerry Jones. Here are a few reasons why we like the Cowboys as a futures play:
- Soft Division - Okay, how do we put this nicely? The NFC East is terrible (maybe that wasn’t nice? LOL)! The Cowboys should easily win their division if all players stay healthy. Even with a problematic defense, the ‘Boys’ should still be favored in every divisional game against the Giants, Washington, and Eagles.
- Micah Parsons - No single player can completely transform such a bad defense, but Parsons is a nice start! Dallas drafted Parsons with their first-round pick because of his ability to effectively defend both the run and the pass.
- The Dak Drama is Over - The off-the-field distraction of whether the Cowboys would sign Prescott or not is finally over. Jerry Jones finally caved and gave Prescott a gigantic 160 million dollar deal back in March. Prescott is the team leader and getting him signed long-term was a huge boost to the Cowboys' morale in the locker room.
Update: Dallas has looked great through their first three games and they’re sitting with a 2-1 record. The road win over the Chargers was unexpected by most folks and the blowout win over the Eagles last Monday has the ‘Boys trending upward. The defense is still a question mark but they’ve definitely improved on that side of the ball.
Bonus Tip: Do Not Sleep on the Titans at +3000
Putting some lunch money on Tennessee at 30 to 1 to win the Super Bowl seems like a fairly good idea. Derrick Henry is the best running back in the NFL, and it is really not even a close argument. Oh, and you have to love coach Mike Vrabel’s hard-nosed mentality and coaching style.
Also, A.J. Brown is basically undefendable for any defensive back and should keep improving this season as a reliable target for QB Ryan Tannehill. The Titans should have the upper hand in the AFC South with the Texans, Colts, and Jags still experiencing lots of growing pains during their rebuilds. The only reason why this is a smaller play is that the Titans would have to somehow upset the Chiefs in the AFC Championship Game and that is a tough ask.
Update: The Titans were embarrassed in Week 1 but Mike Vrabel has rallied the troops nicely by winning two straight games. Tennessee gets the benefit of playing in one of the weakest divisions in the NFL so they should have a smooth path into the playoffs.
Added Bet: Los Angeles Rams +850
We think it’s about time to jump on the Rams bandwagon, especially after they blew out the Bucs last week. Sean McVay finally found the QB that he’s been needing to take this team to the next level. Matthew Stafford looks ten years younger now that he’s finally out of Detroit.
The only concern about this addition is that the Rams play in the toughest division in the league, the NFC West. Nevertheless, we think this could be the Rams’ year to take home the Lombardi Trophy.